3-bedroom flat · TQ2 7DU
For saleListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £250,000 - £275,000 property description A superb three bedroom ground floor flat in the sought after Shiphay area, located close to Torbay Hospital, Torquay Grammar school, seafront and town centre.
This property offers space and style in a desirable residential area.
The accommodation has a welcoming entrance hallway, a spacious bay fronted lounge, kitchen, two bathrooms and three doble bedrooms.
Outside at the front there is parking for 8 cars and a double garage and at the back there is private level patio and lawned area and useful under house cellar. Early viewing is recommended.
UPVC door into hallway. Hallway Radiator / storage cupboards. Room 2 – spacious double, bay window out to front, radiator.
Lounge Large bay window to front, radiator, attractive electric fire with surround. Bed 1 Large double, window to side and radiator.
En-suite Bath, wash basin with vanity surround, low level W/C, radiator, obscure window to side. Bed 3 Large double, bay window to back and radiator.
Kitchen A modern white fitted kitchen with cupboards & drawers over & under surfaces, sink unit, window above out to driveway, washing machine, eye level oven & grill, fridge/freezer, dryer, integrated hob.
Shower room Fountain head shower, hand wash basin, lowered W/C, wall hung radiator, obscure window to back.
Back garden Large sunny patio and lawned area, side door into garage, storage shed with electricity and light, double garage with electric door.
Under house cellar/storage Combi boiler, electric box on garage. Agents notes These details are meant as a guide only.
Any mention of planning permission, loft rooms, extensions etc, does not imply they have all the necessary consents, building control etc.
Photographs, measurements, floorplans are also for guidance only and are not necessarily to scale or indicative of size or items included in the sale.
Commentary regarding length of lease, maintenance charges etc is based on information supplied to us and may have changed.
We recommend you make your own enquiries via your legal representative over any matters that concern you prior to agreeing to purchase.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 7, Shiphay Lane, Torquay
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